The 2009 SEEC Europe workshop will include a Social Entrepreneurship Feasibility Analysis Competition as a way to foster projects that have social and/or environmental impact as a central component of the enterprise.

 

These projects must be economically sustainable, with a high potential for international expansion. A social entrepreneur establishes and/or leads an organization (whether for-profit, non-profit or hybrid) that catalyzes systemic social change by providing innovative products or services that benefit excluded populations.

 

Social entrepreneurs create hybrid organizations that use business methods and tools – but their bottom line is social value creation. Social entrepreneurship is not a new field or discipline. It is a term that captures a unique approach to applying market principles to problems of unsustainable livelihoods, an approach that cuts across sectors and disciplines. It is this approach that we wish to instill in the students and alumni taking part in this competition.

The competition is open to teams with at least one student and/or alumni (undergraduate, masters and doctoral level) of a recognized education institution.

2009 SEEC Europe Workshop

IE University

Segovia, Spain

July 9 –11, 2009

The winning project will be awarded €1.500.

• Idea. Clear, direct. It engages while clearly stating the opportunities of the endeavor and the needs being addressed.
• Social Impact. Clarity on the value proposition, company’s objective on the long term, clear competitive advantages, and the potential to meet the social/environmental goals
• Management Team. Key roles identified. The team has commitment, skills, contacts and experience to make the endeavor a reality.
• Market Opportunity. Clear need and how it will be solved. Market and Industry analysis.
• Business Model and Strategy. Clarity on the key success factors as well as on the business model.
• Viability and Replicability. Real market opportunity, creative, innovative, scalability and reach of the endeavor.
• Financial Sustainability and Social Return on Investment (SROI). Rigor and feasibility of the endeavor’s financial models and projections. Systematic way of measuring ongoing, sustainable social return.

• June 15th. First round of feasibility analysis to be submitted. At this stage, only a one-page or one-page-and-a-half executive summary of the social venture project is requested (Font:12 Times New Roman, single space). The first round of judging is carried out by a panel of faculty from Instituto de Empresa Business school and Elon University involved in the organization of the SEEC workshop. A maximum of ten projects will be selected. Selected alumni teams will be granted free accommodation during the workshop.
• July 1st. Second round of feasibility analysis. Documents should be no longer than five pages (Font:12 Times New Roman, single space). The second round of judging includes a selection of scholars participating in the workshop as well as an independent judge from the social arena. Four finalists will be elected to participate in the third and final round.
• July 11th. Selected finalist teams will prepare a 10 minutes pitch of their social venture project to be presented in front of the SEEC workshop audience (Free lodging will be provided to student presenting in the competition). The winner of the Social Entrepreneurship Feasibility Analysis Competition is announced at the end of the workshop. To win the competition, students will have to participate through all three rounds of judging.

Further details can be found at https://www.seecglobal.org/Competition.html